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How To Get Fastag in A Day in 6 Easy Steps
Posted on Thursday, June 15th, 2023 | By IndusInd Bank
The Government of India introduced the FASTag system to reduce long queues and congestion on national highways. You can buy FASTag onlineto facilitate automatic payments at toll booths.
FASTag was created to enhance the transparency and efficiency of toll transactions by reducing cash transactions and wait times at toll plazas. Latest statistics from the Ministry of Road Transport & Highways’ show that revenue collected through FASTag, including State highway toll plazas, grew by 46% to 50,855 crores in 2022 from 34,778 crores in 2021, indicating its widespread use throughout the country. In India, FASTag is mandatory for all four-wheeled vehicles, particularly those travelling on highways with toll plazas.
What is FASTag?
FASTag is an electronic toll collection system operated and managed by the National Highways Authority of India (NHAI). The system uses Radio Frequency Identification (RFID) technology to automatically deduct toll payments as your vehicle moves through the toll plaza on highways.
How does FASTag work?
The FASTag is attached to your vehicle’s windscreen and linked to a prepaid wallet that you may connect to your savings or current account. As your vehicle moves along a toll plaza on highways, the toll amount is automatically deducted from your prepaid FASTag wallet, allowing for a completely cashless transaction. This eliminates the need to halt during your journey to make a toll payment in cash. The toll plaza captures information from the FASTag as the vehicle passes through, ensuring a smooth, streamlined process.
What are the benefits of FASTag?
The key benefits of FASTag are listed below:
| Cashless Transactions | FASTag transactions are cashless, eliminating the need for cash or manual transactions by drivers. |
| Online Recharge | You can conveniently recharge FASTag online with debit cards, net banking, and UPI. |
| SMS alerts | SMS alerts are sent to registered mobile numbers for FASTag deductions and low wallet balances. |
| Cost-effective | Offers cashback incentives and toll payment discounts, making it a cost-effective option for frequent commuters. |
| Reduced Waiting Time | Enables vehicles to pass through toll plazas without halting, thereby significantly reducing waiting times and traffic congestion. |
| Reduced Carbon Footprint | The reduced waiting times and traffic congestion decrease fuel consumption, resulting in reduced carbon emissions. |
| Long-term Validity | Has a validity of 5 years from the date of issuance. |
How To Get Fastag In 6 Easy Steps?
Here is how you can get FASTag online:
- Go to the website of a certified issuing bank or payment wallet to obtain a FASTag.
- Choose the option to apply for a new FASTag and select the type of vehicle you own.
- Provide the necessary details about yourself and your vehicle, including your name, address, registration number, and ID proof.
- Upload scanned copies of your ID proof and vehicle registration certificate.
- Pay the applicable fees using a digital payment method such as net banking, UPI, or a debit card.
- As soon as the payment is approved, the FASTag will be delivered to your registered address. You may then activate it and connect it to your prepaid account for toll payments.
Apply for FASTag with IndusInd Bank
Applying for FASTag with IndusInd Bank is a smart move for anyone looking to streamline their daily commute. IndusInd Bank offers a hassle-free online application process, with the added benefit of doorstep delivery of FASTag. With its advanced technology, IndusInd Bank’s FASTag ensures hassle-free toll payments, making sure you save time and avoid the inconvenience of stopping at toll plazas. Additionally, the bank sends SMS alerts for toll charge payments and low balances. IndusInd Bank’s customer-centric approach and outstanding customer service make it a trustworthy and dependable option to buy FASTag online.
So, why wait? Apply for FASTag with IndusInd Bank today and experience a seamless, stress-free journey along highways!
Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.
